American Freedom Ins Co
Major Rating Factors:
Strong long-term capitalization index (10.0 on a scale of 0 to 10) based on excellent current risk adjusted capital (severe and moderate loss scenarios). Furthermore, this high level of risk adjusted capital has been consistently maintained in previous years. Ample reserve history (9.3) that helps to protect the company against sharp claims increases. Excellent profitability index (8.7) with operating gains in each of the last five years. Return on equity has been good over the last five years, averaging 11.7%.
Other Rating Factors:
Superior liquidity (10.0) with ample operational cash flow and liquid investments. Good overall results on stability tests (6.6) despite. The largest net exposure for one risk is acceptable at 2.6% of capital.
Stability Factors:
D - Limited diversification of general business, policy, and/or investment risk.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Personal/comm auto (87.4%), work comp (2.4%), homeowners (2.2%), product liab. (1.2%), fire (1.0%), fin guar/surety (0.2%), other (5.6%)
Licensed in:
IL, IN, OH, PA, TN, TX
Principal Investments:
Investment grade bonds (95.7%), preferred stock (1.8%), cash (1.1%), other (1.4%)
Corporate Info
Group Affiliation
Western National Ins Group
Investment Rating
--
Company Address
1699 Wall Street
Mount Prospect, IL 60056
Mount Prospect, IL 60056
Phone Number
(847) 758-9300
NAIC Number
10864
Largest Affiliates